Lending for Business – Debt Ceiling Concerns?

In April and May, commercial and industrial lending was strong, companies were opening up new revolvers and refinancing at reduced rates. Banks were allowing extended maturities and were eager to put money to work; so much so, that some banks were loosening lending standards to offer favorable terms to those with less than strong credits.

BOA Business Capital Provides $55 Million to ClearRidge Client

Posted by Matthew Bristow in Corporate Finance, Uncategorized
July 30, 2009. Bank of America Business Capital provided a $55 million senior secured credit facility to a ClearRidge client, a lumber and manufactured wood distributor. The asset-based loan is being used to refinance existing debt. ClearRidge acted as advisor for the transaction.

Tulsa World Spotlight on Connie Tommerup, Manager

Posted by Matthew Bristow in Uncategorized
May 3, 2009. Connie Tommerup, Manager of Restructuring and Corporate Finance is honored in Tulsa World's People Spotlight. At ClearRidge, Connie's primary role is analyzing clients financial systems, financial reporting processes and internal controls.
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